An invoice for product x totals $1,200 and is dated, Accounting Basics

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An invoice for product X totals $1,200 and is dated July 6, 2000 with terms 2/10-60X. If the invoice is paid on September 3, 2000, what is the net amount of payment?

A. $912

B. $1,152

C. $1,176

D. $1,200


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